Singapore legislation
Regulation 27
Regulation 27
Administration
Subregulation 1
The Police Fund shall be administered by the Police Financial Officer subject to the direction of the Commissioner.
Subregulation 2
All moneys received for the Police Fund shall be deposited in a deposit account with the Accountant-General.
Subregulation 3
The Commissioner may from time to time direct that any amount in the Police Fund not immediately required for current purposes may be placed on a deposit in any bank or invested in investments authorised by law for the investment of trust funds (except any stock, bond or security issued by or guaranteed by the Government), and may direct the transfer or realisation of any such deposit or investment.